Catalog

	Table of Contents
p. 16 of 21 BACK | NEXT I. Introduction II. An Overview of the Political Risk Insurance (PRI) Market III. Review of ADB's Partial Risk Guarantee (PRG) Program IV. Recommendation for Changes to ADB's PRG A. Redefining the Coverage of the PRG Instrument B. Defining the Fee Structure C. Covering Interest D. Introducing a PRG Prudential Limit E. Introducing a Coguarantee Program and a Collaboration Program F. Improving the Product Name G. Improving Communications with the Market and Potential Users H. Creating a PRG Focus Group I. The Use of ADB’s Financing Instruments and Staff Implications J. Summary of Proposed Changes to the PRG V. Potential Benefits of the Proposed PRJ Program VI. Conclusion

Review of the Partial Risk Guarantee of the Asian Development Bank : IV. Recommendation for Changes to ADB's PRG

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G. Improving Communications with the Market and Potential Users

65. The advantages of using the PRG need to be communicated more effectively to the market and the potential users of the product. For example, the benefits stemming from reduced provisioning, credit enhancement, and reduced likelihood of loss through participation with ADB (as the region’s multilateral financial institution) need to be made apparent in ADB’s communications with the market.

66. Perhaps, most importantly, users need to know that the PRG is designed to fill “gaps” in the market not easily satisfied by the private sector, and be used in collaboration with other public and private PRI providers. The audience for such a targeted communications initiative includes equity investors, project sponsors, commercial banks based in both developed and developing member countries, export credit agencies, MIGA, and private insurers that could coguarantee with ADB.

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